BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Owner/s/Management
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Employees
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Organisational Structure
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Organisational Culture
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Detailed explanation-1: -Organizational structure is a way or method by which. organizational activities are divided, organized and coordinated. The organizations created the structures to coordinate the. activities of work factors and control the member performance. Organizational structure is shown in organizational chart.
Detailed explanation-2: -Functional Structure This structure groups employees into functional areas based on their expertise. These functional areas often correspond to stages in the value chain such as operations, research and development, and marketing and sales.
Detailed explanation-3: -Divisional org structure In divisional organizational structures, a company’s divisions have control over their own resources, essentially operating like their own company within the larger organization. Each division can have its own marketing team, sales team, IT team, etc.
Detailed explanation-4: -The internal environment of business refers to all the factors or forces that have a more direct impact on the daily activities of the company. The main factors in the internal environment are: customers, suppliers, competitors, shareholders, financial institutions, and employees.